COMESA Common Market for Eastern and Southern Africa (Master)

Syllabus of the Online Subject: Common Market for Eastern and Southern Africa (COMESA).

1. Introduction to the Common Market for Eastern and Southern Africa (COMESA)
2. COMESA Integration Process
   1. Preferential Trade Area
   2. Free-Trade Area
   3. Customs Union
   4. Common Market
3. COMESA Economic Community
4. COMESA Common Investment Area (Investment Agreement)
5. COMESA and Aid for Trade Strategy. Trade Promotion
6. Monetary Cooperation in the COMESA Region
7. Infrastructure in the COMESA region.
   1. Transport Corridors
8. Economy of the COMESA Region
   1. Foreign Trade
   2. FDI trends
9. COMESA-EAC-SADC Tripartite Free Trade Agreement (FTA)
10. COMESA-United States Trade and Investment Framework Agreement
11. History of the Common Market for Eastern and Southern Africa (COMESA)
12. COMESA strategy
13. COMESA Institutions
    1. Leather and Leather Products Institute (LLPI)
    2. Regional Investment Agency
    3. COMSTAT Data Portal
    4. African Trade Insurance Agency
    5. Alliance for Commodity Trade in Eastern and Southern Africa
    6. Federation of National Associations of Women in Business in Eastern and Southern Africa
    7. Eastern and Southern African Trade and Development Bank
14. Case Study: Investing in textile, oilseeds, and leather sector
15. Doing Business in the COMESA countries

The objectives of the Online Subject “Common Market for Eastern and Southern Africa (COMESA)” are the following:

1. To understand the aims, functions, and institutions of the Common Market for Eastern and Southern Africa (COMESA)
2. To know the economy of the COMESA region
3. To analyse the steps of the COMESA integration process: free-trade area, customs union, common market and economic community
4. To evaluate the benefits for the COMESA's member countries
5. To know COMESA's trade facilitation and transport programs
6. To analyse the role of the affiliated institutions: PTA Bank, COMESA Reinsurance Company, ACA
7. To learn about the Nile Basin Initiative, Indian Ocean Commission and Economic Community of the Great Lakes Region
   

Example of the Online Subject: Common Market for Eastern and Southern Africa (COMESA)

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Description of the Online Subject: COMESA (Common Market for Eastern and Southern Africa).

COMESA: 50% of the FDI inflows in Africa.

The COMESA (Common Market for Eastern and Southern Africa) strategy is the “economic welfare through regional integration in the Southern African region.”

The COMESA (Common Market for Eastern and Southern Africa) members economies are Burundi, the Comoros, the Democratic Republic of the Congo, Djibouti, the Arab Republic of Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, the Seychelles, Sudan, Swaziland, Uganda, Zambia, and Zimbabwe.

South Sudan, has requested the access to COMESA.

1. These countries are predominantly Christians.
2. Muslim countries are the Comoros, Djibouti, Egypt, Somalia, and Sudan
3. The population of the COMESA Markets: 406 million inhabitants
4. The former members of the Common Market for Eastern and Southern Africa (COMESA) are Lesotho (1997), Mozambique (1997), Tanzania (2000), Namibia (2004), and Angola (2007)

The objective of the Common Market for Eastern and Southern Africa (COMESA) is to develop a Free-Trade Area removing all the internal trade tariffs and barriers.

The COMESA Free-Trade Area was achieved in 2000 when nine of the COMESA member economies (Djibouti, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia, and Zimbabwe) eliminated their tariffs on originating products from Eastern and Southern African Countries.

This followed an international trade liberalisation programme that started in 1984 on reduction (and eventual elimination) of tariff and non-tariff foreign trade barriers in the Common Market for Eastern and Southern Africa (COMESA) region.

Burundi and Rwanda joined the COMESA Free-Trade Area in 2004.

These eleven economies of the COMESA (Common Market for Eastern and Southern Africa) Free-Trade Area have not only eliminated customs tariffs but are working on the eventual quantitative restrictions and other Technical Barriers to Trade (TBT) elimination.

Other objectives related to COMESA trade promotion are:

1. Regional Trade liberalisation and customs cooperation
2. Improving transport and communications administration to facilitate the movement of products, services, and people between the economies in the COMESA region
3. Creating an enabling an environment and legal framework
4. Macroeconomics and monetary policies coordination

The Common Market for Eastern and Southern Africa (COMESA) plans to become a Customs Union.

The Common Market for Eastern and Southern Africa (COMESA) belongs to African Civilisation:

1. Southern African Economic Area
2. East African Economic Area
3. Central African Economic Area

The Eastern and Southern African Trade and Development Bank was created in 1985 following the dispositions of the Treaty of 1981 establishing the Preferential Trade Area, which has since been transformed into the Common Market for Eastern and Southern African States (COMESA), as a financial arm of the integration arrangement.

COMESA Customs Union

Trans-African Corridors in the COMESA region:

1. Northern Corridor
2. Lobito Corridor
3. Tripoli-Windhoek
4. Cairo-Gaborone
5. Beira-Lobito
6. North-South Corridor
7. Lagos-Mombasa

The largest ports in the COMESA (Common Market for Eastern and Southern Africa) region:

1. Port of Mombasa
2. Port Said
3. Port Sudan
4. Port of Djibouti
5. Port of Toamasina

❮ Samples - COMESA ❯

Indian Ocean Commission.

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